Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $973 on each loan they originated in the second quarter of 2026, compared to a net production profit of $727 per loan in the first quarter of 2026, according to the Mortgage Bankers Association’s newly released Quarterly Mortgage Bankers Performance Report.

MISMO, the real estate finance industry’s standards organization, announced the launch of two new certifications designed to help mortgage companies navigate the growing need for responsible AI governance. The MISMO FRAME Advisory Partner Certification and MISMO AI Governance Certification are being introduced during the MISMO Fall Summit in Reston, Va.

ACES Quality Management, Denver, reported the overall critical defect rate increased to 1.71% in the first quarter from 1.38% in late 2025.

Consumer credit conditions remained fundamentally healthy in June, but early signs of payment stress began to emerge, the latest VantageScore CreditGauge report said.

The Conference Board, New York, reported its index of leading economic indicators increased by 0.2% in July to 99.5. As a result, the LEI’s six-month growth rate turned positive, to an increase of 0.2% between January and July 2026, a sharp reversal from its 1.3% contraction over the previous six months.

Ncontracts' Stephanie Lyon writes that AI is giving compliance officers a rare commodity: time to get ahead of risk instead of chasing it.

According to the latest results from MBA’s National Delinquency Survey (NDS), the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.37% of all loans outstanding at the end of the first quarter. The delinquency rate was down 7 basis points from the first quarter of 2026, decreasing slightly across all three major loan types – FHA, VA and conventional.